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Asian Market Commentary

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Asian-Markets1_21Nov17.jpg Asian stock markets are in positive territory on Wednesday following the fresh record closing highs overnight on Wall Street with investor sentiment boosted by upbeat corporate earnings results and higher commodity prices.

Indian shares look set to open higher on Wednesday, tracking firm global markets and sharp gains in rupee the previous day in the face of Moody's decision last week to upgrade India's sovereign rating after a gap of 14 years. Benchmark indexes Sensex and the Nifty rose for the fourth consecutive...

The Thai stock market on Tuesday halted the three-day winning streak in which it had gathered almost 25 points or 1.5 percent. The Stock Exchange of Thailand now rests just above the 1,710-point plateau although it figures to bounce higher again on Wednesday. The global forecast for the Asian markets...

The Japanese stock market is rising on Wednesday following the overnight cues from Wall Street where stocks closed at record highs. Exporters' shares are higher despite a slightly stronger yen. In late-morning trades, the benchmark Nikkei 225 Index is advancing 187.58 points or 0.84 percent to 22,604.06,...

The Indonesia stock market on Tuesday snapped the three-day winning streak in which it had advanced more than 80 points or 1.3 percent. The Jakarta Composite Index now rests just above the 6,030-point plateau although it figures to bounce higher again on Wednesday. The global forecast for the Asian...

The Hong Kong stock market has finished higher in four straight sessions, surging almost 970 points or 3.5 percent along the way. The Hang Seng Index now rests just beneath the 29,820-point plateau and it's called higher again on Wednesday. The global forecast for the Asian markets is upbeat thanks...

The Australian stock market is extending gains on Wednesday from the previous session following the record closing highs overnight on Wall Street and a lift in commodity prices. In late-morning trades, the benchmark S&P/ASX 200 Index is adding 18.50 points or 0.31 percent to 5,982.00, off a high of...

The China stock market has tracked higher in consecutive trading days, gathering almost 30 points or 0.8 percent along the way. The Shanghai Composite Index now rests just above the 3,410-point plateau and it may extend its gains on Wednesday. The global forecast for the Asian markets is upbeat thanks...

The Taiwan stock market has finished higher in two of three trading days since the end of the two-day losing streak in which it had given away more than 60 points or 0.6 percent. The Taiwan Stock Exchange now rests just beneath the 10,780-point plateau and it's looking at another green light on Wednesday. The...

The Singapore stock market has moved higher in three straight sessions, advancing more than 80 points or 2.5 percent along the way. The Straits Times Index now rests just above the 3,420-point plateau and it's looking at another green light again on Wednesday. The global forecast for the Asian markets...

The Malaysia stock market has finished higher in two of three trading days since the end of the five-day slide in which it had tumbled almost 30 points or 1.8 percent. The Kuala Lumpur Composite Index now rests just above the 1,720-point plateau and it may move higher again on Wednesday. The global...

The South Korea stock market on Tuesday snapped the two-day slide in which it had given away more than 7 points or 0.3 percent. The KOSPI now rests just above the 2,530-point plateau and it may add to its winnings on Wednesday. The global forecast for the Asian markets is upbeat thanks to solid earnings...

Indian shares closed higher of the fourth consecutive session on Tuesday, although overall gains remained muted ahead of derivatives expiry due next week. The benchmark BSE Sensex rose by 118.45 points or 0.36 percent to 33,478.35 while the broader Nifty index closed higher by 28.15 points or 0.27...

stockhigher-112117.jpg Asian stocks finished broadly higher on Tuesday as overnight gains on Wall Street and solid economic data from Germany and the U.S. helped investors shrug off renewed worries over political uncertainty in Germany. China's Shanghai Composite index rose by 18.10 points or 0.53 percent to finish at...

Indian shares opened modestly higher on Tuesday, tracking firm global markets as strong data from Germany and the U.S. stocked optimism about global growth. The benchmark BSE Sensex was up 120 points or 0.36 percent at 33,479 in early trade while the broader Nifty index was up 33 points or 0.32 percent...

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